Why We Like It:
DLPH is in the auto parts industry. The company reported earnings on May 1st that were 12 cents better than the 95-cent Wall Street estimate. Revenues also beat estimates. The stock has been consolidating sideways the last couple of weeks but investors have been buying the dips. Now shares look poised to break out to new all-time highs.

I am suggesting a trigger to launch bullish positions at $46.75. If triggered our target is $49.75.
FYI: The Point & Figure chart for DLPH is bullish with a $50.00 target.